RNS Number:8308O
Welsh Industrial Inv Trust PLC
19 August 2003


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
Welsh Industrial Investment Trust plc

2. Name of director
Gerald Vivien Libert Oury

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
In respect of director named in 2 above and spouse

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Rock (Nominees) Ltd

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Director and Spouse

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Purchase by general discretionary PEP

7. Number of shares / amount of stock acquired
108,500

8. Percentage of issued class
8.04

9. Number of shares/amount of stock disposed
N/A

10. Percentage of issued class
N/A

11. Class of security
Ordinary 5p

12. Price per share
230 1/16p

13. Date of transaction
19th August, 2003

14. Date company informed
19th August, 2003

15. Total holding following this notification
285,993

16. Total percentage holding of issued class following this notification
21.18

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

18. Period during which or date on which exercisable

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved: class, number

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

22. Total number of shares or debentures over which options held following this
notification

23. Any additional information

24. Name of contact and telephone number for queries
B J Hallett 020 7588 7352

25. Name and signature of authorised company official responsible for making
this notification
B J Hallett - Company Secretary

Date of Notification
19th August, 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.




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